Posts Tagged ‘chamber
ThinkProgress: Foreign-Funded ‘U.S.’ Chamber Of Commerce Running Partisan Attack Ads
Chamber of Commerce President Tom Donohue with his old buddy GBW (April, 2008)
The largest attack campaign against Democrats this fall is being waged by the U.S. Chamber of Commerce, a trade association organized as a 501(c)(6) that can raise and spend unlimited funds without ever disclosing any of its donors.
The Chamber has promised to spend an unprecedented $75 million to defeat candidates like Jack Conway, Sen. Barbara Boxer (D-CA), Jerry Brown, Rep. Joe Sestak (D-PA), and Rep. Tom Perriello (D-VA). As of Sept. 15th, the Chamber had aired more than 8,000 ads on behalf of GOP Senate candidates alone, according to a study from the Wesleyan Media Project.
The Chamber’s spending has dwarfed every other issue group and most political party candidate committee spending. A ThinkProgress investigation has found that the Chamber funds its political attack campaign out of its general account, which solicits foreign funding. And while the Chamber will likely assert it has internal controls, foreign money is fungible, permitting the Chamber to run its unprecedented attack campaign.
According to legal experts consulted by ThinkProgress, the Chamber is likely skirting longstanding campaign finance law that bans the involvement of foreign corporations in American elections.
hey joe! you’re a legend!
Politico: Vice President Biden mentioned Karl Rove’s name a half-dozen times at a fundraiser in Scranton, Pa., on Monday, charging that the GOP strategist is raising money from “shady sources” to attack Democrats.
“Karl Rove has his stable of billionaires, literally, and millionaires pouring tens of millions of dollars into close races,” Biden said at the event for Rep. Chris Carney in his hometown, according to the pool. “Does it surprise you that Karl Rove and his friends – Karl Rove, the architect of the policies that drove us into this ditch – are back raising tens of millions of dollars from shady sources, shady in the sense that we don’t know where the money is coming from?”
Biden told Rove to “tell us where that money is coming from,” and he filed a similar complaint against the Chamber of Commerce, a frequent critic of the Obama administration.
“I challenge the Chamber of Commerce to tell us how much of the money they’re investing is from foreign sources,” he said. “I challenge them. If I’m wrong, I will stand corrected. But show me, show me. Folks, they’re trying to buy this election to go back to exactly what they did before. Watch what happens in the next two and a half weeks, what happens here, because Chris is in a tight race and moving ahead.”
Biden said fundraising groups that don’t release the names of their donors don’t care about “the lives of middle-class Americans.”
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